Designed and zoned for Student Accommodation, this high yield investment opportunity is located in a perfectly between Punt Road and St Kilda Road. Boasting excellent connectivity with an abundance of public transport options leading to various Colleges, Universities, the CBD, and its amenities, this locale stands out as one of Melbourne's most sought-after areas for students.
Currently under lease at $295 per week, the property generates an annual gross income of $15,372. It's remarkably low-cost outgoings contribute to an impressive return of over 8% that seasoned investors recognise.
UniLodge on Raleigh offers additional perks to its residents, including bicycle storage, a communal lounge room, shared laundry facilities and secure intercom entry. This fully furnished property comes with the added advantage of onsite building managers, ensuring seamless maintenance and upkeep of your investment.
Outgoings: Body Corporate fees: $2439 per annum Council Rates: $515 per annum Water: $1,087 per annum
Net Income: $11,331 per annum
For all inquiry please reach out to Taylor Sims on 0403 485 210
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
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We found 50 apartments with 1 bedrooms that just sold near 401/K13 Raleigh Street Windsor
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Windsor suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
7,273
Listing ID: 182237359. This listing has been viewed 64 times. It was first displayed on 22/01/2024 and last updated on 22/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.